Denver A/S

CVR 18831678 · Public limited company (A/S) · Active · Low risk

Denver A/S is a Public limited company (A/S), founded on , based in Hinnerup. The company is registered in the industry engroshandel med radio og tv, fotografiske og optiske artikler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Mar 2026) shows equity of DKK 67.4m and a net result of DKK 19.5m. CEO: Torben Balmer.

Bankruptcy risk for Denver A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
18831678
Status
Active
Company type
Public limited company (A/S)
Founded
(31 years)
Address
Omega 5A
8382 Hinnerup
Municipality
Favrskov
Industry
Engroshandel med radio og tv, fotografiske og optiske artikler (464320)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 10.0m
Employees
36 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio29.6%
Current ratio119%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies4
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
RevenueDKK 331.8m––
Gross profitDKK 41.3mDKK 37.0mDKK 21.4m
Net profitDKK 19.5mDKK -1.1mDKK 2.4m
EquityDKK 67.4mDKK 56.8mDKK 60.2m
Total assetsDKK 227.3mDKK 216.0mDKK 208.1m
CashDKK 2.1mDKK 90k–
Short-term debtDKK 150.8mDKK 154.1m–
Avg. employees3738–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 202671
1 Apr 2024 – 31 Mar 202574
1 Apr 2023 – 31 Mar 2024156
1 Apr 2022 – 31 Mar 202355
1 Apr 2021 – 31 Mar 202276
1 Apr 2020 – 31 Mar 202171
1 Apr 2019 – 31 Mar 202049
1 Apr 2018 – 31 Mar 201957
1 Apr 2017 – 31 Mar 201893
1 Apr 2016 – 31 Mar 2017154
1 Apr 2015 – 31 Mar 201656
1 Apr 2014 – 31 Mar 201558
1 Apr 2013 – 31 Mar 201440
1 Apr 2012 – 31 Mar 201344
1 Apr 2011 – 31 Mar 201277
1 Apr 2010 – 31 Mar 201141
1 Apr 2009 – 31 Mar 201041
1 Apr 2008 – 31 Mar 2009141
1 Apr 2007 – 31 Mar 2008164
1 Apr 2006 – 31 Mar 2007129

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOTorben BalmerCurrent
CEOHenrik Kristensen
CEOTorben Ulrich
CEOWinnie Rodam
CEOWinnie Rodam
CEOHenrik Kristensen
CEOTorben Ulrich
BoardTorben UlrichCurrent
BoardCamilla UlrichCurrent
BoardJesper Ganzhorn ØrskovCurrent
BoardCarl Erik Skovgaard
BoardHenrik Kristensen
BoardJette Dahl Trans Kristensen
BoardHenrik Steen Jensen
BoardErik Jensen
BoardLars Bentsen
BoardHenrik Christian Strand
BoardDion Daa Petersen
BoardJette Dahl Trans Kristensen
Owner (100%)TU HOLDING ApSCurrent
Owner (50%)HEKJET A/S
Owner (50%)TU HOLDING ApS
Owner (50%)Trans og Kristensen Holding A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDRJ ÅBYHØJ ApS
AuditorCMJ A/S
AuditorRGD REVISIONSPARTNERSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderHenrik KristensenCurrent
FounderHEKJET A/SCurrent

The CEOs' other companies

Torben Balmer – 16 other companies, of which 7 bankrupt

Henrik Kristensen – 12 other companies, of which 1 bankrupt

Torben Ulrich – 16 other companies, of which 1 bankrupt

Winnie Rodam – 6 other companies

Address history (2 moves)

Omega 5A, 8382 Hinnerup
Omega 5A, 8382 Hinnerup
Stavneagervej 22, 8250 Egå

Former names

Denver A/S – now
INTER SALES A/S –
INTER SALES SCANDINAVIA A/S –

Employees per year

Number of employees at Denver A/S per year19372011: 2120112012: 2720122013: 3220132014: 2920142015: 2920152016: 3720162017: 3620172018: 362018

Other companies at the same address

Similar companies in Favrskov

Questions and answers about Denver A/S

Has Denver A/S gone bankrupt?

No, Denver A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Denver A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Denver A/S?

Torben Balmer is the CEO of Denver A/S.

Who is the auditor of Denver A/S?

Denver A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Denver A/S founded?

Denver A/S was founded on 13 September 1995.

What is the equity of Denver A/S?

Equity was DKK 67.4m according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.